ComplianceOnline

Pay Grades and Job Value

Instructor: Teri Morning
Product ID: 704134
  • Duration: 90 Min

recorded version

$199.00
1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section

Training CD

$399.00
One CD is for usage in one location only.
(For multiple locations contact Customer Care)
CD and Ref. material will be shipped within 15 business days

Customer Care

Fax: +1-650-963-2556

Email: customercare@complianceonline.com

Read Frequently Asked Questions

This webinar will explore why scrutinizing a reward system can cause differing opinions and confused definitions that even the most cursory of reviews muddies the waters to the point of failure. These differing definitions while seemingly a simple problem in theory often cause damaging confusion to the construction and certainly communication of even a carefully constructed system.

Course "Pay Grades and Job Value" has been pre-approved by HRCI as eligible for 1.5 credits towards a participant's recertification upon full completion.
“The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program”.

Why Should You Attend:

Leaders who can’t communicate the basic components of employees’ compensation packages can cause employees to understandably push back, and push back hard. Push back, even from employees who would be advantaged by an improved reward system.

Reviewing your reward system can be guaranteed to spark a little if not a lot of uncertainty. Employees are understandably apprehensive about any changes to pay, even positive ones, as they are very sensitive to changes. Even a system that does not satisfy employees will often appease them when faced with the possibility of a change. Fear of change causes most employees to think they’ll become somehow disadvantaged.

The course will show attendees how to construct a market based pay system to align rewarding your employees for accomplishment of your company’s goals.

Areas Covered in the Webinar:

Part 1: Basic Reward Systems

  • Types of reward systems
  • Determining what to reward
  • Misconceptions about rewards
  • The importance of determining your jobs’ comparative value – internal equity
  • The job market – making decisions for determining external equity
  • The part benefits play in a reward system
  • Monetizing work/life benefits

Part 2: Incentive Reward Systems

  • Performance pay
  • Incentive pay
  • Compliance considerations
  • The “uglies” involved in moving from a traditional 1980s pay system to a 2014 reward system
    • Anticipating problems
    • Communicating
    • Educating
    • Having difficult conversations
    • Dealing with a few inevitable hard truths

Part 3: Linking Your Reward System with Your Performance Management System

  • The key components of an effective performance management system
  • What you measure, notice or reward happens - writing business goals that link to your reward system
  • How to link performance appraisals with pay

Who Will Benefit:

  • HR generalists
  • HR directors
  • Compensation and/or benefits personnel
  • Small business owners

Instructor Profile:

Teri Morning, MBA, MS, SPHR, SPHR-CA, is the president of her own HR consulting firm and is a partner in a new investigatory software firm, HindsightHR. Ms. Morning has over 15 years’ of human resource and training experience in a variety of professional fields, including retail, distribution, finance, architectural, engineering, consulting, manufacturing (union), public sector and both profit and non-profit company structures.

She has consulted with employers on their problems and trained managers and employees for over 10 years, meeting and working with employees from all types of businesses. In addition to an MBA, she has a master's degree in human resource development with a specialization in conflict management. Ms. Morning was certified by the State of Indiana in mediation skills, is qualified as a Myers-Briggs practitioner, and is a member of SHRM, holding the dual certification of a SHRM Senior Professional in Human Resources (SHRM-CSP) and as a HRCI Certified, Senior Professional in Human Resources – California (SPHR-CA). She recently completed certifications in project management and IT management.

Topic Background:

Compensation is a reward system and that reward system’s goal should be to recruit, motivate and retain employees to perform at their peak. However many employers are stuck in a traditional “time served” pay system which rewards an employee for length of employment rather than what the market for the position pays, or what the employee has accomplished (or not) while employed.

Top management does not want to underpay their employees but as a company’s largest expense, leaders are charged with administering the reward system to accomplish its goals. Top management also wants to reward their high performers and in such a way to differentiate the difference between high and low performers.

Follow us :
ComplianceOnline Banking Summit 2016 | Risk Management and Data Security - 80390SEM
ComplianceOnline Medical Device Summit 2017

Product Reviews

This product hasn't received any reviews yet. Be the first to review this product! Write review

Best Sellers
You Recently Viewed
    Loading